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Touchstone Exploration Inc T.TXP

Alternate Symbol(s):  PBEGF

Touchstone Exploration Inc. is a Canada-based company engaged in the business of acquiring interests in petroleum and natural gas rights and the exploration, development, production and sale of petroleum and natural gas. The Company is active in onshore properties located in the Republic of Trinidad and Tobago. It operates Trinidad-based upstream petroleum and natural gas activities under state exploration and production licenses with the Trinidad and Tobago Ministry of Energy and Energy Industries (MEEI), Lease Operatorship Agreements (LOAs) with Heritage Petroleum Company Limited and private subsurface and surface leases with individual landowners. Its main exploration focus is the Ortoire exploration block. The Ortoire exploration block covers about 44,731 gross acres on the east side of Trinidad. Its other exploration prospects include Royston, Coho, Cascadura, and Chinook. The Royston location is targeting a deep gas prospect with an estimated target depth of about 11,500 feet.


TSX:TXP - Post by User

Comment by Margin321on Apr 01, 2021 7:02am
146 Views
Post# 32920944

RE:RE:only thing that bothers me in update

RE:RE:only thing that bothers me in updateIf by next drill results you mean the results of current test of the presumed gas zone at Cascadura deep, the odds of that are pretty good. But probably won't push price to 3 pounds. 

If you mean the results of the next well at Royston, odds of that are somewhat lower. But if positive upside more than 3 pounds. 
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